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please complete all requirements At January 1.2021, Canaday Corporation had outstanding the following securities: 800 million common shares 20 million 5% cumulative preferred shares, $50
please complete all requirements At January 1.2021, Canaday Corporation had outstanding the following securities: 800 million common shares 20 million 5% cumulative preferred shares, $50 par 6.4% convertible bonds, $3.500 million face amount, convertibie into 90 million common shares The following additional information is avaliabie: - On September 1, 2021, Canaday sold 75 million additional shares of common stock. - Incentive stock options to purchase 60 mililon shares of common stock after July 1, 2020, at $12 per share, were outstanding at the beginning and end of 2021 . The average market price of Canaday's common stock was \$18 per share during 2021. - Canaday's net income for the year ended December 31, 2021, was \$2,310 million. The effective income tax rate was 25\%. Required: 1. 8 2. Calculate basic and the diluted earnings per common share for the year ended December 31,2021 . (Round "Earnings per share" answers to 2 decimal places. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
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